Peak Rock to test market for Berner Food & Beverage, sources say; IVEST and Cloverlay grew Care Bears through licensing before exit to Authentic Brands

Good morning, PE Hubsters! Rafael Canton filling in for MK Flynn for the US edition of the Wire from the New York newsroom.

We’ll begin the week with a scoop. Peak Rock Capital is in the pre-stages of launching a sale process for 2015 portfolio company Berner Food & Beverage, a private-label manufacturer of dips, spreads and beverages, three sources briefed on the matter told PE Hub.